Commodities

Reopening High-Stakes Economic Talks in BeijingUS President Donald Trump’s arrival in Beijing on Thursday, May 14, 2026, reignited one of the most closely watched geopolitical and economic dialogues of the decade. Meeting Chinese President Xi Jinping amid surging oil prices, global inflation, and renewed tariff disputes, the summit has become …

Key Takeaways Mixed gold action: Spot gold edged 0.3% higher to $4,700.25 per ounce, while U.S. gold futures eased 0.2% to $4,697.97. Sidelined investors: Traders largely stayed on the sidelines during the opening day of the two-day Trump-Xi summit. Xi’s positive tone: The Chinese president said both nations had made …

Key Takeaways Modest pullback: Brent crude fell 0.4% to $105.18 per barrel, while WTI slipped 0.7% to $100.33. Weekly gains intact: Both contracts are still set for sharp weekly gains despite Thursday’s dip. Conciliatory summit: Trump-Xi meeting wrapped after 2 hours 15 minutes, with leaders striking a friendly tone despite …

In a long-awaited return to Beijing after years of strained relations, US President Donald Trump arrived in the capital of China on Wednesday for his first visit to China since 2017, marking a major diplomatic moment set against a backdrop of deep economic rivalry and political mistrust between the world’s …

Global oil prices remained near the crucial $100-per-barrel mark on Wednesday, reflecting growing concerns over tightening supplies, geopolitical tensions, and rising inflation pressures across the global economy. US crude was trading around $101.85, holding close to recent highs despite some market volatility during the session.Middle East tensions continue to support …

Key Takeaways Modest retreat: Brent crude fell 0.5% to $107.26 per barrel, while WTI slipped 0.7% to $101.44. Three-day rally fades: Both contracts had jumped more than 3% Tuesday, but remain well above pre-war levels of around $70. Ceasefire on “life support”: Trump’s stark warning continues to weigh on sentiment …

Key Takeaways Gold edges down: Spot gold slipped 0.4% to $4,699.10 per ounce, while gold futures rose 0.4% to $4,706.72. Tuesday’s pullback: Bullion fell 0.4% in the previous session on a stronger dollar and hot inflation readings. Iran negotiations on “life support”: Trump’s warning continues to weigh on sentiment after …

Key Takeaways Star-studded delegation: Trump confirmed Nvidia CEO Jensen Huang, Tesla CEO Elon Musk, and Apple CEO Tim Cook are aboard Air Force One. CEO lineup expands: The delegation also includes leaders of Blackstone, BlackRock, Boeing, Cargill, Citi, GE Aerospace, Goldman Sachs, Micron, and Qualcomm. Trump’s first ask: The president …

Key Takeaways Massive refund push: The Trump administration is processing more than $35.5 billion in tariff refunds to importers after the Supreme Court struck down his tariff policy. Interest included: Payments cover duties paid across more than 8 million import entries, with interest added to refund amounts. CAPE portal handles …

Key Takeaways Mixed gold action: Spot gold edged down 0.2% to $4,705.50 per ounce, while U.S. gold futures rose 0.6% to $4,713.00. Tuesday’s pullback: Bullion fell 0.4% on a firmer dollar and elevated inflation readings. Negotiations on “life support”: Trump’s warning followed Tehran’s rejection of the U.S.-backed peace proposal. Hormuz …